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TheStreet would like to highlight 5 stocks pushing the industry higher today:

5.
Essex Property (
ESS) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Essex Property is up $2.01 (1.3%) to $154.29 on light volume. Thus far, 76,562 shares of Essex Property exchanged hands as compared to its average daily volume of 212,900 shares. The stock has ranged in price between $151.52-$154.76 after having opened the day at $151.54 as compared to the previous trading day's close of $152.28.

Essex Property Trust, Inc. operates as a self-administered and self-managed real estate investment trust in the United States. It engages in the ownership, operation, management, acquisition, development, and redevelopment of apartment communities, as well as commercial properties. Essex Property has a market cap of $5.8 billion and is part of the financial sector. The company has a P/E ratio of 37.1, above the S&P 500 P/E ratio of 17.7. Shares are up 3.5% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Essex Property a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates
Essex Property as a
buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full
Essex Property Ratings Report now.